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USD/JPY Long - bullish continuation until bearish OB

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Dolar A.S. / Yen Jepun (OANDA:USDJPY)  
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OANDA:USDJPY   Dolar A.S. / Yen Jepun
Trend Analysis Chart Patterns Technical Indicators USDJPY Bullish Patterns orderblock wallstreet forexsignals cleantrades
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trendanalysis chartpattern indicator usdjpy bullish orderblock wallstreet forexsignals cleantrades
Due to work on our webshop and app we've been busy for the last two weeks.

Let's dive into it. USD/JPY got a strong weekly close along with several decent daily closes above 111.892.

While taking out our 5th March high I'd make use of 112.929 as target. Upper-half of our bearish OB + 1.05 Fib-extension of bearish OB giving confluence here.

Stop-Loss below EQ of current leg-up + 200-MA on daily basis.
Penafian

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